Titan targets doubling jewellery business by FY30
In short
Titan’s jewellery business says it wants to double by FY30. It expects help from festive buying, the wedding season and expansion at home and abroad.
The company says demand is still healthy for Tanishq, Mia and Zoya. The report does not say how much money the division makes now or what exact target it set.
What the reporting says
Titan’s jewellery division said it is targeting a doubling of business by FY30, supported by festive demand, the upcoming wedding season and expansion in India and overseas. Jewellery CEO Arun Narayan said consumer interest remains healthy across Tanishq, Mia and Zoya. The reporting does not give a revenue base, a forecasted amount or any revised guidance.
Why it matters
Titan’s jewellery division said it is aiming to double its business by FY30, with support from festive demand, the upcoming wedding season and continued domestic and overseas expansion. CEO Arun Narayan said consumer interest remains healthy across Tanishq, Mia and Zoya. The available reporting does not specify the current business size, revenue target or margin outlook.